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DTN analyst Todd Hultman reviews the sharp swings in soybean prices over the past six months, from tight supplies in September 2021 to a bearish slide after the record 4.435 billion bushel crop and higher stocks. Prices then turned bullish again as concerns built from December onward.
Shifting soybean supply expectations and China's buying pattern drive soybean and meal prices, which feed buyers track closely when sourcing protein.
dtnpf.comTodd HultmanMar 1, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
